Canelo Alvarez vs. Dmitry Bivol Title Fight Contract Reportedly Finalized for May 7

Canelo Alvarez reportedly signed a two-fight contract with Matchroom Boxing that will begin May 7 when he challenges Dmitry Bivol for the WBA light heavyweight title on DAZN pay-per-view.

ESPN's Mike Coppinger reported Friday the second fight of the agreement is tentatively a trilogy matchup between Alvarez and Gennady Golovkin assuming both fighters win their next bouts. No date for that encounter was immediately announced.

GGG is working to finalize an April match against Ryoto Murata, per Coppinger.

Alvarez (57-1-2; 39 KOs) unified the super middleweight division in November when he secured an 11th-round knockout of Caleb Plant to captured the IBF belt. He already owned the division's WBA, WBC, WBO and The Ring titles.

His only previous light heavyweight fight came in November 2019 when he knocked out Sergey Kovalev to win the WBO championship, which he later vacated.

Bivol (19-0; 11 KOs) has held the WBA light heavyweight title since November 2017. His most recent win came in December when he defeated Umar Salamov by unanimous decision.

In April, the 31-year-old Russian told Sky Sports he was eyeing a potential showdown with Alvarez.

"Of course I would like to fight him at light heavyweight or super middleweight because I want to fight the best guys, and he is one of the best," Bivol said.

Meanwhile, Alvarez and Golovkin (41-1-1; 36 KOs) fought in 2017 and 2018. The first encounter ended in a split-decision draw, and the Mexican sensation won the second meeting by majority decision.

Alvarez said several times since the 2018 victory that he wasn't interested in a trilogy bout, though he left the door open if the price was right.

"I said it before the fight, and I'm going to repeat it," he told ESPN's Dan Rafael in 2019. "For me, that fight presents no challenge to me right now. We fought two times, 24 rounds. I beat him, so he represents no challenge. However, what he does represent is some good business, so if they offer me something really good, maybe the third fight can happen."

It turns out that magic number was around $85 million, which is the guaranteed portion of his contract with Matchroom Boxing, per Coppinger.

Barring an upset in either of their fights, a late 2022 date seems likely for their next clash. The last two times Alvarez fought in May (2019 and 2021), he returned to the ring in early November.

It'll likely be a Fight of the Year contender if it comes to fruition as expected.